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- What type is ‘Pralay’, a quasi- ballistic missile, which was developed recently (in Dec ’22) by the Defence Research and Development Organisation (DRDO)?
1) Submarine Launched Ballistic Missiles
2) Surface-to-air
3) Air-to-surface
4) Air-to-air
5) Surface-to-surface
Answer & Explanation
Answer-5) surface-to-surface
Explanation:
The Ministry of Defence (MoD), during a high-level meeting, has given its nod for the procurement of 120 Pralay ballistic missiles for the armed forces. These are indigenously developed new generation quasi-ballistic surface-to-surface missiles.
i.Developed by the Defence Research and Development Organisation (DRDO), it’s system is road mobile.
ii.It can hit target targets 150-500 kms away. - Recently in December ‘22, which State/Union territory Celebrated Losar Festival along with another State/Union territory to Mark their New Year?
1) Nagaland and Arunachal Pradesh
2) Ladakh and Jammu & Kashmir
3) Meghalaya and Assam
4) Manipur and Mizoram
5) Himachal Pradesh and Uttarakhand
Answer & Explanation
Answer-2) Ladakh and Jammu & Kashmir
Explanation:
On 24th December 2022 Ladakh, Jammu & Kashmir (J&K) celebrated the Losar Festival to mark the Ladakhi New Year, a major socio-religious festival of Ladakh celebrated in winter. Losar is a 15-day long festival that falls during the winters, any time between 8th and 30th December.
• The term ‘Losar’ means New year in the Tibetan language. ‘Lo’ means year and ‘Sar’ means new.
i.The Losar festival will continue for 9 more days from the new year with the offering of prayers in the name of God and Goddess along with dances and songs in honour of Ibex and the pilgrimage of Mount Kailash. - Which of the following statements is/are “Correct” with regard to the amendment made by the Reserve Bank of India (RBI) on the bank locker rules w.e.f. January 1, 2023?
A) Banks should ensure that any unfair terms or conditions are not incorporated in their locker agreements.
B) All the existing locker depositors are required to sign a renewal agreement before the specified date.
C) All the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement.
1) Only A
2) Only B
3) Both A & B
4) Both C & A
5) All the above
Answer & Explanation
Answer-5) All the above
Explanation:
The Reserve Bank of India (RBI) has amended the bank locker rules w.e.f. January 1, 2023. In this regard, all the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement. They are required to sign a renewal agreement before the specified date.
• The agreement must follow the model drafted by the Indian Bank Association (IBA) in line with the Supreme Court’s (SC) orders and guidelines. - Which insurance company recently (in Dec ’22) launched ‘Respect Senior Care Rider’ for Senior Citizens?
1) Edelweiss General Insurance Company
2) Care Health General Insurance Company
3) Aditya Birla General Insurance Company
4) Bajaj Allianz General Insurance Company
5) Bharti AXA General Insurance Company
Answer & Explanation
Answer-4) Bajaj Allianz General Insurance Company
Explanation:
Bajaj Allianz General Insurance Limited launched the ‘Respect Senior Care Rider’, a unique and first-of-its-kind health insurance riders, which will offer 360-degree assistance for senior citizens.
i.The main aim of the rider product is to minimise the worries of senior citizens and of their family members who are living in different cities. - What is the name of the bill payments business for which the Infibeam Avenues Limited (IAL) has recently (in Dec ’22) received Perpetual Licence from the RBI?
1) EBS
2) BillAvenue
3) Instamojo
4) PayUmoney
5) CCAvenue
Answer & Explanation
Answer-2) BillAvenue
Explanation:
Infibeam Avenues Limited (IAL), India’s first listed payments infrastructure firm, has received Perpetual Licence for its bill payments business, BillAvenue from the Reserve Bank of India (RBI).
i.BillAvenue is a unified, interoperable online bill payment platform, built on the NPCI’s Bharat BillPay infrastructure to provide ‘anytime, anywhere’ bill payment facilities to customers across India through a network of small & medium agents to large agent Institutions - By whose name has Cricket Australia recently (in Dec ’22) renamed the Australia’s men’s Test Player of the Year award?
1) Shane Warne
2) Andrew Symonds
3) Phillip Hughes
4) Ricky Ponting
5) Sir Donald Bradman
Answer & Explanation
Answer-1) Shane Warne
Explanation:
On 26th December 2022, Cricket Australia (CA) chief executive Nick Hockley and Australian Cricketers’ Association Chief Executive Officer (CEO) Todd Greenber renamed the Australia’s men’s Test Player of the Year award to honour the legendary spinner ‘Shane Warne’ during the Boxing Day Test against South Africa.
• The Shane Warne Men’s Test Player of the Year award will be presented annually at the Australian Cricket Awards. - Which company has recently (in Dec ’22) been certified as a ‘Great Place to Work’ by the Great Place to Work Institute for 2023?
1) Cisco Systems India Private Limited
2) NVIDIA Graphics Private Limited
3) Tata Steel India Limited
4) Accenture Solutions Private Limited
5) Ford Motor Pvt. Limited
Answer & Explanation
Answer-3) Tata Steel India Limited
Explanation:
Tata Steel India Limited has been certified as a ‘Great Place to Work’ by the Great Place to Work Institute for 2023. It has been certified for the 6th consecutive year.
• The Company has received recognition for its efforts towards building an inclusive and sustainable organisation.
• Tata Steel has introduced several policies and practices for employee welfare and well-being since its inception. - What is the name of the cryogenic rocket engine, which the Indian Space Research Organisation (ISRO) has operated recently (in Dec ’22) for 650 seconds?
1) YF-73
2) CE-20
3) CE-7.5
4) RL-10
5) RD-0120
Answer & Explanation
Answer-2) CE-20
Explanation:
On December 23, 2022, the Indian Space Research Organisation (ISRO) successfully operated CE-20, a cryogenic rocket engine with a thrust level of 22t for a long duration of 650 seconds.
• The activity was carried out at the Cryogenic Main Engine & Stage Test Facility of ISRO Propulsion Complex (IPRC) in Mahendragiri, Tamil Nadu (TN).
• The CE20 engine is designed and developed by Liquid Propulsion Systems Centre (LPSC), Valiamala, Kerala. - Who authored the book “Forks in the Road”?
1) Swaminathan Gurumurthy
2) Raghuram Rajan
3) Tamal Bandyopadhyay
4) C Rangarajan
5) Bimal Jalan
Answer & Explanation
Answer-4) C Rangarajan
Explanation:
C Rangarajan authored a book titled “Forks in the Road: My Days at RBI and Beyond”. It was published by the Penguin Business (Penguin Group).
• The book is the memoir of Dr C. Rangarajan, an Indian economist, a former Member of Parliament, and the 19th Governor of the Reserve Bank of India (RBI). - When was Veer Bal Diwas 2022 observed across India?
1) December 26
2) December 27
3) December 22
4) December 24
5) December 25
Answer & Explanation
Answer-1) December 26
Explanation:
Veer Bal Diwas is observed across India on December 26 to mark the martyrdom of the Sahibzadas- Sri Guru Gobind Singh’s 4 sons of the 10th Sikh guru- Guru Gobind Singh Ji in the 17th century.
• 26th December 2022 marks the 1st observance of Veer Bal Diwas.
i. Guru Gobind Singh, the Sikh leader in Punjab during the Mughal era, had four sons. They were known as the four Sahibzade Khalsa.
- What type is ‘Pralay’, a quasi- ballistic missile, which was developed recently (in Dec ’22) by the Defence Research and Development Organisation (DRDO)?
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